NEXON Co., Ltd. (OTCMKTS:NEXOY) Stock Short Interest Declines 90.9%

NEXON Co., Ltd. (OTCMKTS:NEXOY) saw a large decline in short interest in September. As of September 30th, there was short interest totaling 1,612 shares, a decline of 90.9% from the September 15th total of 17,640 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 27,466 shares, the short-interest ratio is currently 0.1 days.

NEXON Price Performance

Shares of OTCMKTS:NEXOY traded up C$0.74 on Friday, reaching C$17.15. 13,229 shares of the company were exchanged, compared to its average volume of 12,585. The company has a 50-day moving average of C$18.63 and a 200-day moving average of C$16.46. The company has a current ratio of 5.85, a quick ratio of 5.85 and a debt-to-equity ratio of 0.03. The firm has a market cap of C$13.39 billion and a price-to-earnings ratio of 15.45. NEXON has a 1-year low of C$13.01 and a 1-year high of C$28.82.

NEXON (OTCMKTS:NEXOY) last announced its quarterly earnings data on Thursday, August 13th. The company reported C$0.24 EPS for the quarter. The firm had revenue of C$759.75 million during the quarter, compared to analysts’ expectations of C$729.73 million. NEXON had a net margin of 26.37% and a return on equity of 12.56%. Equities analysts forecast that NEXON will post 0.83 earnings per share for the current fiscal year.

About NEXON

NEXON Co, Ltd. is a Japan-based video game company that develops, publishes and operates online games for personal computers, mobile devices and consoles. Its business focuses on long-term, live-service game franchises supported by regular updates, community features and digital content. The company serves players worldwide through regional operations and publishing partnerships.

NEXON’s portfolio includes well-known titles such as MapleStory, Dungeon & Fighter, EA SPORTS FC Online, Blue Archive and THE FINALS.